stuey09
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Banksy • Barcode Print, by stuey09 on May 8, 2007 20:26:36 GMT 1, Very true Silky. That's why it'll be interesting to see what JacknJill goes for in a few days time.
Very true Silky. That's why it'll be interesting to see what JacknJill goes for in a few days time.
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Banksy • Barcode Print, by johnerotten on May 8, 2007 20:28:25 GMT 1,
yes. huge sale price variation for the sepia's online. for all we know half of those could be fake to inflate the price.
the market is somewhat a house of cards but i think things seem pretty stable for the prints.
according to the article recently posted below the problem occurs when you get into the 6 figure price range. then you can lose big time, although, 10,000 for a print is insane and can't be stable.
who knows. i think you said it best earlier that everyone has a price. there are only a few hundred of those pieces in existence. one only has to find one person to give them the insane price they are asking, as with the barcode example.
I think the reason for the signed print values being much more varied than the unsigned can also be down to so few coming up for sale that people just dont know what they should bid up to  Most of us on here know ruffly what the values are of most unsigned Banksy pieces to within £50 or so, but when it comes to signed pieces its easy to be as much as £4,000 out in the current market 
yes. huge sale price variation for the sepia's online. for all we know half of those could be fake to inflate the price. the market is somewhat a house of cards but i think things seem pretty stable for the prints. according to the article recently posted below the problem occurs when you get into the 6 figure price range. then you can lose big time, although, 10,000 for a print is insane and can't be stable. who knows. i think you said it best earlier that everyone has a price. there are only a few hundred of those pieces in existence. one only has to find one person to give them the insane price they are asking, as with the barcode example. I think the reason for the signed print values being much more varied than the unsigned can also be down to so few coming up for sale that people just dont know what they should bid up to Most of us on here know ruffly what the values are of most unsigned Banksy pieces to within £50 or so, but when it comes to signed pieces its easy to be as much as £4,000 out in the current market |
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ABC
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Banksy • Barcode Print, by ABC on May 8, 2007 20:36:34 GMT 1, If Mr B is here to stay and the rest fade around him then 10K may be cheap 10 years down the line. Look at Mr Hirsts prices and maybe we can just count ourselves lucky we were in the right place at the right time.
If Mr B is here to stay and the rest fade around him then 10K may be cheap 10 years down the line. Look at Mr Hirsts prices and maybe we can just count ourselves lucky we were in the right place at the right time.
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Banksy • Barcode Print, by corblimeylimey on May 8, 2007 20:38:31 GMT 1, The thing is value is relative, to me if one of my prints was worth £10,000 I'd sell, hell I'd sell if it were over £4000 I could do a lot with that, whereas if you're a wealthy banker or football player it means little to spend that kind of money and if you had prints worth that much you wouldn't need to sell for any reason.
The thing is value is relative, to me if one of my prints was worth £10,000 I'd sell, hell I'd sell if it were over £4000 I could do a lot with that, whereas if you're a wealthy banker or football player it means little to spend that kind of money and if you had prints worth that much you wouldn't need to sell for any reason.
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stuey09
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Banksy • Barcode Print, by stuey09 on May 8, 2007 20:41:25 GMT 1, I think most of the artists may well fade over time, but there are a few who I think will stay popular. I'm particularly interested to see what AM does once his roadshow kicks in next year. Good chance his prices will rocket as well.
I think most of the artists may well fade over time, but there are a few who I think will stay popular. I'm particularly interested to see what AM does once his roadshow kicks in next year. Good chance his prices will rocket as well.
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Banksy • Barcode Print, by Daniel Silk on May 8, 2007 20:49:29 GMT 1, The thing is value is relative, to me if one of my prints was worth £10,000 I'd sell, hell I'd sell if it were over £4000 I could do a lot with that, whereas if you're a wealthy banker or football player it means little to spend that kind of money and if you had prints worth that much you wouldn't need to sell for any reason.
Spot on CBL  Very true! ;D
If your the sort of person that thinks nothing of spending £30,000+ on a new car then a few thousand for a nice picture for ya wall is pretty reasonable  When ya like me and you dunt pay over £800 for a car a £10,000 print is a bit extravagant to say the least ;D
The thing is value is relative, to me if one of my prints was worth £10,000 I'd sell, hell I'd sell if it were over £4000 I could do a lot with that, whereas if you're a wealthy banker or football player it means little to spend that kind of money and if you had prints worth that much you wouldn't need to sell for any reason. Spot on CBL Very true! ;D If your the sort of person that thinks nothing of spending £30,000+ on a new car then a few thousand for a nice picture for ya wall is pretty reasonable When ya like me and you dunt pay over £800 for a car a £10,000 print is a bit extravagant to say the least ;D |
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Banksy • Barcode Print, by tomhills1 on May 8, 2007 20:49:38 GMT 1, f*ck me! i go to bath my boy and come back to a sensible discussion ;D
just to go back to RK's point about realestate and art markets' correlation, if it is the uk market (and the economy as a whole) then you have a definite pattern and a bit of a scary one. interest rates have been very low here for a while and we've missed out on the last two global recessions, but there are a few warning signs that things could be changing. the high price of the pound and rising inflation could be the catalysts. interest rates are rising and house price inflation looks to be going schizo again.
while we could see our wallets being tightened with consumer spending though i don't think house prices are gonna drop as we are consistently building around 100,000 too few houses every year. and that's just to satisfy current demand, couple that with an ageing population and wider immigration and that 100k figure may need 50k on top.
i digress, basically i think things will stay stable but some of us will have to cut back on luxuries, nothing too widespread though. my whole mpoint was and has been, if there is a sudden economic change watch the arse fall out of the value of a signed banksy.
f*ck me! i go to bath my boy and come back to a sensible discussion ;D
just to go back to RK's point about realestate and art markets' correlation, if it is the uk market (and the economy as a whole) then you have a definite pattern and a bit of a scary one. interest rates have been very low here for a while and we've missed out on the last two global recessions, but there are a few warning signs that things could be changing. the high price of the pound and rising inflation could be the catalysts. interest rates are rising and house price inflation looks to be going schizo again.
while we could see our wallets being tightened with consumer spending though i don't think house prices are gonna drop as we are consistently building around 100,000 too few houses every year. and that's just to satisfy current demand, couple that with an ageing population and wider immigration and that 100k figure may need 50k on top.
i digress, basically i think things will stay stable but some of us will have to cut back on luxuries, nothing too widespread though. my whole mpoint was and has been, if there is a sudden economic change watch the arse fall out of the value of a signed banksy.
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Banksy • Barcode Print, by tomhills1 on May 8, 2007 20:51:00 GMT 1, If your the sort of person that thinks nothing of spending £30,000+ on a new car then a few thousand for a nice picture for ya wall is pretty reasonable When ya like me and you dunt pay over £800 for a car a £10,000 print is a bit extravagant to say the least ;D
lesroy?
;D
If your the sort of person that thinks nothing of spending £30,000+ on a new car then a few thousand for a nice picture for ya wall is pretty reasonable When ya like me and you dunt pay over £800 for a car a £10,000 print is a bit extravagant to say the least ;D lesroy? ;D |
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CR
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October 2006
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Banksy • Barcode Print, by CR on May 8, 2007 20:54:02 GMT 1, I'm particularly interested to see what AM does once his roadshow kicks in next year. Good chance his prices will rocket as well.
I just want to see Micallef do something, haven't seen much of him or new work since the LAZ show!
his prices at the moment are going down, a 'no one understands me' went for £930 today!
I'm particularly interested to see what AM does once his roadshow kicks in next year. Good chance his prices will rocket as well. I just want to see Micallef do something, haven't seen much of him or new work since the LAZ show! his prices at the moment are going down, a 'no one understands me' went for £930 today! |
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Banksy • Barcode Print, by Daniel Silk on May 8, 2007 20:57:51 GMT 1, I'm particularly interested to see what AM does once his roadshow kicks in next year. Good chance his prices will rocket as well. I just want to see Micallef do something, haven't seen much of him or new work since the LAZ show! his prices at the moment are going down, a 'no one understands me' went for £930 today!
I feel the market has got spread a bit thin but with the interest in this sort of art growing ever day, and getting more and more main stream, things will continue to grow ;D
I'm particularly interested to see what AM does once his roadshow kicks in next year. Good chance his prices will rocket as well. I just want to see Micallef do something, haven't seen much of him or new work since the LAZ show! his prices at the moment are going down, a 'no one understands me' went for £930 today! I feel the market has got spread a bit thin but with the interest in this sort of art growing ever day, and getting more and more main stream, things will continue to grow ;D |
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Banksy • Barcode Print, by finsburyparkranger on May 8, 2007 21:02:37 GMT 1, I think the only thing could scupper Banksy competing head to head with Warhol prices is Banksy him self. I still think his ultimate stunt would be to devalue his own work in a monstrous way. I know Laz has sweared he won't do it. But would you expect Laz to say anything else?
Then again I could see the stunt back firing and a coked up banksy sitting on Richard and Judy totally trying to blow his legend calling everyone c**t and the whole thing backfiring and the price shooting up even more. Who knows.
I think the only thing could scupper Banksy competing head to head with Warhol prices is Banksy him self. I still think his ultimate stunt would be to devalue his own work in a monstrous way. I know Laz has sweared he won't do it. But would you expect Laz to say anything else?
Then again I could see the stunt back firing and a coked up banksy sitting on Richard and Judy totally trying to blow his legend calling everyone c**t and the whole thing backfiring and the price shooting up even more. Who knows.
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stuey09
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Banksy • Barcode Print, by stuey09 on May 8, 2007 21:03:35 GMT 1, I'm particularly interested to see what AM does once his roadshow kicks in next year. Good chance his prices will rocket as well. I just want to see Micallef do something, haven't seen much of him or new work since the LAZ show! his prices at the moment are going down, a 'no one understands me' went for £930 today!
It's because they're low at the moment that it is a great opportunity to buy before they go through the roof. Check out Opus Undergrounds prices for Micallef. Once one gallery starts, they'll all be at it. As I say, it'll be next year when he gets some publicity that things will get interesting. I do agree with you, however, that it would be nice to see some new stuff, but I seem to recall that he's not releasing anything 'till 2008.
I'm particularly interested to see what AM does once his roadshow kicks in next year. Good chance his prices will rocket as well. I just want to see Micallef do something, haven't seen much of him or new work since the LAZ show! his prices at the moment are going down, a 'no one understands me' went for £930 today! It's because they're low at the moment that it is a great opportunity to buy before they go through the roof. Check out Opus Undergrounds prices for Micallef. Once one gallery starts, they'll all be at it. As I say, it'll be next year when he gets some publicity that things will get interesting. I do agree with you, however, that it would be nice to see some new stuff, but I seem to recall that he's not releasing anything 'till 2008. |
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CR
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Banksy • Barcode Print, by CR on May 8, 2007 21:06:24 GMT 1, where did you hear that AM wouldn't be releasing anything until 2008?
I'd love to get a HFUNG but cant really afford it right now!
where did you hear that AM wouldn't be releasing anything until 2008?
I'd love to get a HFUNG but cant really afford it right now!
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RBK
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September 2006
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Banksy • Barcode Print, by RBK on May 8, 2007 21:06:30 GMT 1, Rumor is Micallef show in LA in Sept. 2007. I'd also bet that it will bring about a Brit Invasion of collectors (with your almighty sterling pound that is kicking the dollars ass!)
Rumor is Micallef show in LA in Sept. 2007. I'd also bet that it will bring about a Brit Invasion of collectors (with your almighty sterling pound that is kicking the dollars ass!)
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Banksy • Barcode Print, by Daniel Silk on May 8, 2007 21:52:25 GMT 1, Rumor is Micallef show in LA in Sept. 2007. I'd also bet that it will bring about a Brit Invasion of collectors (with your almighty sterling pound that is kicking the dollars ass!)
Yeah, I hav heard about the Micallef show in LA as well
Print prices
I dunt know much about Warhol and Hirst print prices  What would the top price for a signed print from them be? anyone know?
Rumor is Micallef show in LA in Sept. 2007. I'd also bet that it will bring about a Brit Invasion of collectors (with your almighty sterling pound that is kicking the dollars ass!) Yeah, I hav heard about the Micallef show in LA as well Print prices I dunt know much about Warhol and Hirst print prices What would the top price for a signed print from them be? anyone know? |
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CR
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Banksy • Barcode Print, by CR on May 8, 2007 21:55:15 GMT 1, where is everyone hearing about the AM LA gallery?
I haven't seen anything on any other websites?
where is everyone hearing about the AM LA gallery?
I haven't seen anything on any other websites?
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RBK
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September 2006
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Banksy • Barcode Print, by RBK on May 8, 2007 21:58:12 GMT 1, Guess you aren't cool enough
Who knows though - we all know what happened to SG in NYC 
Guess you aren't cool enough Who knows though - we all know what happened to SG in NYC |
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Banksy • Barcode Print, by manchestermike on May 8, 2007 21:58:22 GMT 1, Eyestorm told me last year about it
Eyestorm told me last year about it
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Banksy • Barcode Print, by numusic on May 8, 2007 21:58:31 GMT 1, Rumor is Micallef show in LA in Sept. 2007. I'd also bet that it will bring about a Brit Invasion of collectors (with your almighty sterling pound that is kicking the dollars ass!) Yeah, I hav heard about the Micallef show in LA as well Print prices I dunt know much about Warhol and Hirst print prices What would the top price for a signed print from them be? anyone know?
April 10 2007
New York - Andy Warhol's dramatic 1963 silkscreen print 'Green Car Crash (Green Burning Car I)' is expected to fetch a new record price for the artist of 25 to 35 million dollars, Christie's auction house said Monday.
Rumor is Micallef show in LA in Sept. 2007. I'd also bet that it will bring about a Brit Invasion of collectors (with your almighty sterling pound that is kicking the dollars ass!) Yeah, I hav heard about the Micallef show in LA as well Print prices I dunt know much about Warhol and Hirst print prices What would the top price for a signed print from them be? anyone know? April 10 2007 New York - Andy Warhol's dramatic 1963 silkscreen print 'Green Car Crash (Green Burning Car I)' is expected to fetch a new record price for the artist of 25 to 35 million dollars, Christie's auction house said Monday. |
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thwaites
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Banksy • Barcode Print, by thwaites on May 8, 2007 22:23:06 GMT 1, ooh i really like dumb angel
id also love to see the "all major credit cards accepted" original micallef that was at the ghetto as a print.
pic anyone?
ooh i really like dumb angel
id also love to see the "all major credit cards accepted" original micallef that was at the ghetto as a print.
pic anyone?
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ABC
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Banksy • Barcode Print, by ABC on May 8, 2007 22:41:50 GMT 1, Yeah, I hav heard about the Micallef show in LA as well Print prices I dunt know much about Warhol and Hirst print prices What would the top price for a signed print from them be? anyone know? April 10 2007 New York - Andy Warhol's dramatic 1963 silkscreen print 'Green Car Crash (Green Burning Car I)' is expected to fetch a new record price for the artist of 25 to 35 million dollars, Christie's auction house said Monday.
That just shows that Banksy is small fry in the world of contemporary art, but he sure is growing fast. As for hirst they vary between 8.5k upwards for new stuff.
www.othercriteria.com/index2.php
Yeah, I hav heard about the Micallef show in LA as well Print prices I dunt know much about Warhol and Hirst print prices What would the top price for a signed print from them be? anyone know? April 10 2007 New York - Andy Warhol's dramatic 1963 silkscreen print 'Green Car Crash (Green Burning Car I)' is expected to fetch a new record price for the artist of 25 to 35 million dollars, Christie's auction house said Monday. That just shows that Banksy is small fry in the world of contemporary art, but he sure is growing fast. As for hirst they vary between 8.5k upwards for new stuff. www.othercriteria.com/index2.php |
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Banksy • Barcode Print, by bobbymeachamjr on May 8, 2007 22:43:37 GMT 1, We used to say that the internet boom was different and that if you dont jump in you'll be left behind while everybody got rich. We used to say that housing always goes up and we can take out ridiculous loans to buy a home we cant afford. Why? because available land is decreasing and people always need a place to live. We are now readily paying $10000 for a friggn' print of an edition of a few hundred. Why? because banksy has no precedent.
Underlying theme? Sometimes its best to sit back and just simply be rational about things. Forget what the "going rate" is and the urge for easy money. Like all other frenzies the big boys are the ones making the money. The little guys always take the pain. When they feel its right they'll move on to the next fad. Don't be a bagholder in the end - it really really sucks.
We used to say that the internet boom was different and that if you dont jump in you'll be left behind while everybody got rich. We used to say that housing always goes up and we can take out ridiculous loans to buy a home we cant afford. Why? because available land is decreasing and people always need a place to live. We are now readily paying $10000 for a friggn' print of an edition of a few hundred. Why? because banksy has no precedent.
Underlying theme? Sometimes its best to sit back and just simply be rational about things. Forget what the "going rate" is and the urge for easy money. Like all other frenzies the big boys are the ones making the money. The little guys always take the pain. When they feel its right they'll move on to the next fad. Don't be a bagholder in the end - it really really sucks.
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pw
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Banksy • Barcode Print, by pw on May 8, 2007 23:53:06 GMT 1, great thread here.
some people have mentioned that if prices of signed prints stabilise or start to drop there could be a huge sell-off resulting in a price crash.
however, the prices of unsigned prints have dropped from their peak values, but this hasn't resulted in a huge sell-off.
why do poeple think this is? maybe the owners are hoping that prices will pick up again??
great thread here.
some people have mentioned that if prices of signed prints stabilise or start to drop there could be a huge sell-off resulting in a price crash.
however, the prices of unsigned prints have dropped from their peak values, but this hasn't resulted in a huge sell-off.
why do poeple think this is? maybe the owners are hoping that prices will pick up again??
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Banksy • Barcode Print, by adrscib on May 8, 2007 23:56:43 GMT 1, so we are speaking about bubble yet his work is pretty much in short supply, and everyone buys them... all his signed works have bids on ebays and ppl are upping their purchase price...seems everyone is monitoring the completed items lately....
now we soon have anotehr auction and anther frenzy follows on the bay,
then in summer we have the warhol exhibitions and another frenzy follows...
and so on and so on....
many ppl on this board are thinkng about a bubble, yet very few ppl still know about banksy... he is only well known in the UK and a bit in the US.... so his market is still growing... when i bought in december i thought i would regret the purcahse of my print yet, so far so good..
ppl who missed out on prints they could easily buy or sold a few months ago are kicking themselves too!
i think that in a few moths time this print will go double at least... and all other signed pritns follow suit...
there does not seem to be an impending crash in the housng market of UK, and the american housing bubble has occurred prior to banksy getting popular... so ppl who speak about a crash in the us real estate are not correct... the US economic planners have been speaking about a crash for over 5 years and prices only cooled off, no imminent crash is gonna happen as usa is a very rich coutnry and healthy economically...
so my idea is that banksy keeps living, still prints, depsite rising are not yet expenisve as warhol, and even cheaper than damien hirst who is considered one of the most succesful british artist ever.
I dont have info at hand but if you compare prices of warhol prints during his rise and inflate them to todays prices we are there...
in a couple of years time banksy might suffer from temporary price declines, his graph cannot rise for ever but still, those who are buying now will still have a decent profit (if they are buying to trade)! if they are buying for the sake of art they shouldnt consider the price at all!
i read (but forgot names) about private collectors buying a canvas for $8m in 1998 and only after 15 years managed to sell for $8.5! thats a bad investment but still he did not lose...
artists have their up and down moments but in the long run the trend remains...
finally my recommendation if you are interesed in bubbles and graphs is a website i use regularly www.artprice.com its a french art inforamtional site.
good luck banksy holders :-)
so we are speaking about bubble yet his work is pretty much in short supply, and everyone buys them... all his signed works have bids on ebays and ppl are upping their purchase price...seems everyone is monitoring the completed items lately.... now we soon have anotehr auction and anther frenzy follows on the bay, then in summer we have the warhol exhibitions and another frenzy follows... and so on and so on.... many ppl on this board are thinkng about a bubble, yet very few ppl still know about banksy... he is only well known in the UK and a bit in the US.... so his market is still growing... when i bought in december i thought i would regret the purcahse of my print yet, so far so good.. ppl who missed out on prints they could easily buy or sold a few months ago are kicking themselves too! i think that in a few moths time this print will go double at least... and all other signed pritns follow suit... there does not seem to be an impending crash in the housng market of UK, and the american housing bubble has occurred prior to banksy getting popular... so ppl who speak about a crash in the us real estate are not correct... the US economic planners have been speaking about a crash for over 5 years and prices only cooled off, no imminent crash is gonna happen as usa is a very rich coutnry and healthy economically... so my idea is that banksy keeps living, still prints, depsite rising are not yet expenisve as warhol, and even cheaper than damien hirst who is considered one of the most succesful british artist ever. I dont have info at hand but if you compare prices of warhol prints during his rise and inflate them to todays prices we are there... in a couple of years time banksy might suffer from temporary price declines, his graph cannot rise for ever but still, those who are buying now will still have a decent profit (if they are buying to trade)! if they are buying for the sake of art they shouldnt consider the price at all! i read (but forgot names) about private collectors buying a canvas for $8m in 1998 and only after 15 years managed to sell for $8.5! thats a bad investment but still he did not lose... artists have their up and down moments but in the long run the trend remains... finally my recommendation if you are interesed in bubbles and graphs is a website i use regularly www.artprice.com its a french art inforamtional site. good luck banksy holders :-) |
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Banksy • Barcode Print, by bobbymeachamjr on May 9, 2007 0:07:15 GMT 1, so we are speaking about bubble yet his work is pretty much in short supply, and everyone buys them... all his signed works have bids on ebays and ppl are upping their purchase price...seems everyone is monitoring the completed items lately.... now we soon have anotehr auction and anther frenzy follows on the bay, then in summer we have the warhol exhibitions and another frenzy follows... and so on and so on.... many ppl on this board are thinkng about a bubble, yet very few ppl still know about banksy... he is only well known in the UK and a bit in the US.... so his market is still growing... when i bought in december i thought i would regret the purcahse of my print yet, so far so good.. ppl who missed out on prints they could easily buy or sold a few months ago are kicking themselves too! i think that in a few moths time this print will go double at least... and all other signed pritns follow suit... there does not seem to be an impending crash in the housng market of UK, and the american housing bubble has occurred prior to banksy getting popular... so ppl who speak about a crash in the us real estate are not correct... the US economic planners have been speaking about a crash for over 5 years and prices only cooled off, no imminent crash is gonna happen as usa is a very rich coutnry and healthy economically... so my idea is that banksy keeps living, still prints, depsite rising are not yet exp***sve as warhol, and even cheaper than damien hirst who is considered one of the most succesful british artist ever. I dont have info at hand but if you compare prices of warhol prints during his rise and inflate them to todays prices we are there... in a couple of years time banksy might suffer from temporary price declines, his graph cannot rise for ever but still, those who are buying now will still have a decent profit (if they are buying to trade)! if they are buying for the sake of art they shouldnt consider the price at all! i read (but forgot names) about private collectors buying a canvas for $8m in 1998 and only after 15 years managed to sell for $8.5! thats a bad investment but still he did not lose... artists have their up and down moments but in the long run the trend remains... finally my recommendation if you are interesed in bubbles and graphs is a website i use regularly www.artprice.com its a french art inforamtional site. good luck banksy holders :-)
lets see what transpires in the next 3-4 years. You sound like a stock broker pushing tech stocks in the late 90s and/or a real estate agent 2 years ago. Bubble? What bubble?
so we are speaking about bubble yet his work is pretty much in short supply, and everyone buys them... all his signed works have bids on ebays and ppl are upping their purchase price...seems everyone is monitoring the completed items lately.... now we soon have anotehr auction and anther frenzy follows on the bay, then in summer we have the warhol exhibitions and another frenzy follows... and so on and so on.... many ppl on this board are thinkng about a bubble, yet very few ppl still know about banksy... he is only well known in the UK and a bit in the US.... so his market is still growing... when i bought in december i thought i would regret the purcahse of my print yet, so far so good.. ppl who missed out on prints they could easily buy or sold a few months ago are kicking themselves too! i think that in a few moths time this print will go double at least... and all other signed pritns follow suit... there does not seem to be an impending crash in the housng market of UK, and the american housing bubble has occurred prior to banksy getting popular... so ppl who speak about a crash in the us real estate are not correct... the US economic planners have been speaking about a crash for over 5 years and prices only cooled off, no imminent crash is gonna happen as usa is a very rich coutnry and healthy economically... so my idea is that banksy keeps living, still prints, depsite rising are not yet exp***sve as warhol, and even cheaper than damien hirst who is considered one of the most succesful british artist ever. I dont have info at hand but if you compare prices of warhol prints during his rise and inflate them to todays prices we are there... in a couple of years time banksy might suffer from temporary price declines, his graph cannot rise for ever but still, those who are buying now will still have a decent profit (if they are buying to trade)! if they are buying for the sake of art they shouldnt consider the price at all! i read (but forgot names) about private collectors buying a canvas for $8m in 1998 and only after 15 years managed to sell for $8.5! thats a bad investment but still he did not lose... artists have their up and down moments but in the long run the trend remains... finally my recommendation if you are interesed in bubbles and graphs is a website i use regularly www.artprice.com its a french art inforamtional site. good luck banksy holders :-) lets see what transpires in the next 3-4 years. You sound like a stock broker pushing tech stocks in the late 90s and/or a real estate agent 2 years ago. Bubble? What bubble? |
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Banksy • Barcode Print, by adrscib on May 9, 2007 0:13:59 GMT 1, no i m not a broker but i like to follow the markets...
yes it is a bubble... every market is a bubble... the only thing that drives prices of banksy up is the law of supply and demand and right now demand outstrips supply but as prices go up demand goes down until we find the equilibrium.. anyway i dont want to bug you with that! :-)
in my opinion we are in a bubble which until now is sustainable, and i think it can be sustianed in the coming months ... because i follow the art market and it has been rising for the past 3-4 years and going to pre 1990 levels... and the demand for contempory art is greater than ever.
in my opinion banksy will only start falling in price when his canvases dont beat the expectations.... whihc i dont think is gonna happen just as yet...
anyway i have my reaper which i am happy about and not planning to sell as i want to enjoy it... as its the only banksy print i will be ever able to own.
cheers
no i m not a broker but i like to follow the markets...
yes it is a bubble... every market is a bubble... the only thing that drives prices of banksy up is the law of supply and demand and right now demand outstrips supply but as prices go up demand goes down until we find the equilibrium.. anyway i dont want to bug you with that! :-)
in my opinion we are in a bubble which until now is sustainable, and i think it can be sustianed in the coming months ... because i follow the art market and it has been rising for the past 3-4 years and going to pre 1990 levels... and the demand for contempory art is greater than ever.
in my opinion banksy will only start falling in price when his canvases dont beat the expectations.... whihc i dont think is gonna happen just as yet...
anyway i have my reaper which i am happy about and not planning to sell as i want to enjoy it... as its the only banksy print i will be ever able to own.
cheers
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pw
New Member
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Banksy • Barcode Print, by pw on May 9, 2007 0:14:32 GMT 1, LOL. gotta agree with you there bobbymeachamjr. adrscib, you seem to be one of the few people who still think the US economy has no problems...
so we are speaking about bubble yet his work is pretty much in short supply, and everyone buys them... all his signed works have bids on ebays and ppl are upping their purchase price...seems everyone is monitoring the completed items lately.... now we soon have anotehr auction and anther frenzy follows on the bay, then in summer we have the warhol exhibitions and another frenzy follows... and so on and so on.... many ppl on this board are thinkng about a bubble, yet very few ppl still know about banksy... he is only well known in the UK and a bit in the US.... so his market is still growing... when i bought in december i thought i would regret the purcahse of my print yet, so far so good.. ppl who missed out on prints they could easily buy or sold a few months ago are kicking themselves too! i think that in a few moths time this print will go double at least... and all other signed pritns follow suit... there does not seem to be an impending crash in the housng market of UK, and the american housing bubble has occurred prior to banksy getting popular... so ppl who speak about a crash in the us real estate are not correct... the US economic planners have been speaking about a crash for over 5 years and prices only cooled off, no imminent crash is gonna happen as usa is a very rich coutnry and healthy economically... so my idea is that banksy keeps living, still prints, depsite rising are not yet exp***sve as warhol, and even cheaper than damien hirst who is considered one of the most succesful british artist ever. I dont have info at hand but if you compare prices of warhol prints during his rise and inflate them to todays prices we are there... in a couple of years time banksy might suffer from temporary price declines, his graph cannot rise for ever but still, those who are buying now will still have a decent profit (if they are buying to trade)! if they are buying for the sake of art they shouldnt consider the price at all! i read (but forgot names) about private collectors buying a canvas for $8m in 1998 and only after 15 years managed to sell for $8.5! thats a bad investment but still he did not lose... artists have their up and down moments but in the long run the trend remains... finally my recommendation if you are interesed in bubbles and graphs is a website i use regularly www.artprice.com its a french art inforamtional site. good luck banksy holders :-) lets see what transpires in the next 3-4 years. You sound like a stock broker pushing tech stocks in the late 90s and/or a real estate agent 2 years ago. Bubble? What bubble?
LOL. gotta agree with you there bobbymeachamjr. adrscib, you seem to be one of the few people who still think the US economy has no problems... so we are speaking about bubble yet his work is pretty much in short supply, and everyone buys them... all his signed works have bids on ebays and ppl are upping their purchase price...seems everyone is monitoring the completed items lately.... now we soon have anotehr auction and anther frenzy follows on the bay, then in summer we have the warhol exhibitions and another frenzy follows... and so on and so on.... many ppl on this board are thinkng about a bubble, yet very few ppl still know about banksy... he is only well known in the UK and a bit in the US.... so his market is still growing... when i bought in december i thought i would regret the purcahse of my print yet, so far so good.. ppl who missed out on prints they could easily buy or sold a few months ago are kicking themselves too! i think that in a few moths time this print will go double at least... and all other signed pritns follow suit... there does not seem to be an impending crash in the housng market of UK, and the american housing bubble has occurred prior to banksy getting popular... so ppl who speak about a crash in the us real estate are not correct... the US economic planners have been speaking about a crash for over 5 years and prices only cooled off, no imminent crash is gonna happen as usa is a very rich coutnry and healthy economically... so my idea is that banksy keeps living, still prints, depsite rising are not yet exp***sve as warhol, and even cheaper than damien hirst who is considered one of the most succesful british artist ever. I dont have info at hand but if you compare prices of warhol prints during his rise and inflate them to todays prices we are there... in a couple of years time banksy might suffer from temporary price declines, his graph cannot rise for ever but still, those who are buying now will still have a decent profit (if they are buying to trade)! if they are buying for the sake of art they shouldnt consider the price at all! i read (but forgot names) about private collectors buying a canvas for $8m in 1998 and only after 15 years managed to sell for $8.5! thats a bad investment but still he did not lose... artists have their up and down moments but in the long run the trend remains... finally my recommendation if you are interesed in bubbles and graphs is a website i use regularly www.artprice.com its a french art inforamtional site. good luck banksy holders :-) lets see what transpires in the next 3-4 years. You sound like a stock broker pushing tech stocks in the late 90s and/or a real estate agent 2 years ago. Bubble? What bubble? |
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Banksy • Barcode Print, by johnerotten on May 9, 2007 0:34:37 GMT 1, i agree with everything you said except the comment on US realestate. The banks are merely holding off the ineventual bubble burst due to sub prime mortgages and subsequent defaults on loans.
you ain't seen nothing yet. i predict the US realestate market drops 20-50%. i dunno what that will mean for the rest of the world, but anyone who is watching things can see how crazy it is.
US dollar at all time lows against the Euro.
low interest rates and sub prime lending
US stock market at all time highs,
Fuel at all time highs
Realeastate at all time highs
the shit is about to hit the fan. this year will be pivotal.
of course i'm just armchair quarterbacking the whole thing until i can get .50 cents on the dollar, then i'm buying in.s**t even .70 on the dollar would be SWEET ;D 
so we are speaking about bubble yet his work is pretty much in short supply, and everyone buys them... all his signed works have bids on ebays and ppl are upping their purchase price...seems everyone is monitoring the completed items lately.... now we soon have anotehr auction and anther frenzy follows on the bay, then in summer we have the warhol exhibitions and another frenzy follows... and so on and so on.... many ppl on this board are thinkng about a bubble, yet very few ppl still know about banksy... he is only well known in the UK and a bit in the US.... so his market is still growing... when i bought in december i thought i would regret the purcahse of my print yet, so far so good.. ppl who missed out on prints they could easily buy or sold a few months ago are kicking themselves too! i think that in a few moths time this print will go double at least... and all other signed pritns follow suit... there does not seem to be an impending crash in the housng market of UK, and the american housing bubble has occurred prior to banksy getting popular... so ppl who speak about a crash in the us real estate are not correct... the US economic planners have been speaking about a crash for over 5 years and prices only cooled off, no imminent crash is gonna happen as usa is a very rich coutnry and healthy economically... so my idea is that banksy keeps living, still prints, depsite rising are not yet exp***sve as warhol, and even cheaper than damien hirst who is considered one of the most succesful british artist ever. I dont have info at hand but if you compare prices of warhol prints during his rise and inflate them to todays prices we are there... in a couple of years time banksy might suffer from temporary price declines, his graph cannot rise for ever but still, those who are buying now will still have a decent profit (if they are buying to trade)! if they are buying for the sake of art they shouldnt consider the price at all! i read (but forgot names) about private collectors buying a canvas for $8m in 1998 and only after 15 years managed to sell for $8.5! thats a bad investment but still he did not lose... artists have their up and down moments but in the long run the trend remains... finally my recommendation if you are interesed in bubbles and graphs is a website i use regularly www.artprice.com its a french art inforamtional site. good luck banksy holders :-)
i agree with everything you said except the comment on US realestate. The banks are merely holding off the ineventual bubble burst due to sub prime mortgages and subsequent defaults on loans. you ain't seen nothing yet. i predict the US realestate market drops 20-50%. i dunno what that will mean for the rest of the world, but anyone who is watching things can see how crazy it is. US dollar at all time lows against the Euro. low interest rates and sub prime lending US stock market at all time highs, Fuel at all time highs Realeastate at all time highs the shit is about to hit the fan. this year will be pivotal. of course i'm just armchair quarterbacking the whole thing until i can get .50 cents on the dollar, then i'm buying in.s**t even .70 on the dollar would be SWEET ;D so we are speaking about bubble yet his work is pretty much in short supply, and everyone buys them... all his signed works have bids on ebays and ppl are upping their purchase price...seems everyone is monitoring the completed items lately.... now we soon have anotehr auction and anther frenzy follows on the bay, then in summer we have the warhol exhibitions and another frenzy follows... and so on and so on.... many ppl on this board are thinkng about a bubble, yet very few ppl still know about banksy... he is only well known in the UK and a bit in the US.... so his market is still growing... when i bought in december i thought i would regret the purcahse of my print yet, so far so good.. ppl who missed out on prints they could easily buy or sold a few months ago are kicking themselves too! i think that in a few moths time this print will go double at least... and all other signed pritns follow suit... there does not seem to be an impending crash in the housng market of UK, and the american housing bubble has occurred prior to banksy getting popular... so ppl who speak about a crash in the us real estate are not correct... the US economic planners have been speaking about a crash for over 5 years and prices only cooled off, no imminent crash is gonna happen as usa is a very rich coutnry and healthy economically... so my idea is that banksy keeps living, still prints, depsite rising are not yet exp***sve as warhol, and even cheaper than damien hirst who is considered one of the most succesful british artist ever. I dont have info at hand but if you compare prices of warhol prints during his rise and inflate them to todays prices we are there... in a couple of years time banksy might suffer from temporary price declines, his graph cannot rise for ever but still, those who are buying now will still have a decent profit (if they are buying to trade)! if they are buying for the sake of art they shouldnt consider the price at all! i read (but forgot names) about private collectors buying a canvas for $8m in 1998 and only after 15 years managed to sell for $8.5! thats a bad investment but still he did not lose... artists have their up and down moments but in the long run the trend remains... finally my recommendation if you are interesed in bubbles and graphs is a website i use regularly www.artprice.com its a french art inforamtional site. good luck banksy holders :-) |
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Most of us on here know ruffly what the values are of most unsigned Banksy pieces to within £50 or so, but when it comes to signed pieces its easy to be as much as £4,000 out in the current market 
Very true! ;D
When ya like me and you dunt pay over £800 for a car 
What would the top price for a signed print from them be? anyone know? 
